MA - needs to get real

J

Joab

$221

Give me a break.

For fun I love to just sit and watch how easy it is for market makers to manipulate prices.

Try it sometime on a high flying dog like this.

Just sit and watch how easy it is for them to hit small offers and take these stocks higher and then disappear when any size steps up.

They are a piece of work.:cool:
 
i dont think MA is overpriced... look @ their growth..

there is no or little presence of MA in "BRIC" countries...

when they start using CC MA will explode...

not sure about about todays price but future is bright for MA...
 
Yeah, sure. People can't refi now, so they charge it on plastic. MA moves up on "the charging", but maybe implodes on the defaults.
 
Quote from gnome:

Yeah, sure. People can't refi now, so they charge it on plastic. MA moves up on "the charging", but maybe implodes on the defaults.
More...

That's the beauty of their business model though- they aren't on the hook for the defaults, the banks are. They just process the transactions for the most part, the banks are the ones issuing credit and collecting payments. Massive defaults will probably mean less transactions, but it's not like they're going to have massive write-downs because of it.

Not a comment on their stock price or anything, just wanted to point that out.
 
Ummmm,

Don't forget that people who lose their houses first, run up their credit cards to the max and then don't pay them.
 
Quote from Joab:

Ummmm,

Don't forget that people who lose their houses first, run up their credit cards to the max and then don't pay them.
More...

And how does that hurt MasterCard exactly?
 
Quote from Moneyball:

And how does that hurt MasterCard exactly?
More...

What do you think happens to when people never pay their bill?

Stop @ 25.50

This trade kinda stinks so far and I was expecting a stronger sell off by now.

:(
 
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